10 819
Fashion Jobs
TK MAXX
Loss Prevention Officer
Permanent · LONDON
A & F
Abercrombie & Fitch - Brand Representative, Trafford
Permanent · MANCHESTER
A & F
Hollister CO. - Brand Representative, Eldon Square
Permanent · NEWCASTLE UPON TYNE
A & F
Hollister CO. - Brand Representative, Meadowhall
Permanent · SHEFFIELD
A & F
Hollister CO. - Brand Representative, Braintree Village
Permanent · BRAINTREE
A & F
Hollister CO. - Brand Representative, Churchill Square
Permanent · BRIGHTON AND HOVE
A & F
Hollister CO. - Brand Representative, Braehead
Permanent · RENFREW
A & F
Abercrombie & Fitch - Brand Representative, George Street
Permanent · EDINBURGH
A & F
Hollister CO. - Brand Representative, st. David’s 2
Permanent · CARDIFF
A & F
Hollister CO. - Brand Representative, Trinity Leeds
Permanent · LEEDS
A & F
Hollister CO. - Brand Representative, Arndale
Permanent · MANCHESTER
A & F
Gilly Hicks - Brand Representative, Arndale
Permanent · MANCHESTER
A & F
Hollister CO. - Brand Representative, Bentall
Permanent · KINGSTON UPON THAMES
A & F
Hollister CO. - Brand Representative, Regent Street
Permanent · LONDON
A & F
Hollister CO. - Brand Representative, Trafford
Permanent · MANCHESTER
A & F
Hollister CO. - Brand Representative, st. James Quarter
Permanent · EDINBURGH
A & F
Abercrombie & Fitch - Stock Lead, Ashford Designer Outlet
Permanent · ASHFORD
A & F
Abercrombie & Fitch - Brand Representative, Ashford Designer Outlet
Permanent · ASHFORD
A & F
Hollister CO. - Brand Representative, Liverpool One
Permanent · LIVERPOOL
A & F
Abercrombie & Fitch - Brand Representative Lead, Ashford Designer Outlet
Permanent · ASHFORD
A & F
Hollister CO. - Brand Representative, Southgate (UK)
Permanent · BATH
A & F
Hollister CO. - Brand Representative, Ashford Designer Outlet
Permanent · ASHFORD
Ads
Published
Jan 11, 2021
Reading time
2 minutes
Download
Download the article
Print
Text size

JD Sports stays strong as customers shift to its webstores

Published
Jan 11, 2021

JD Sports Fashion seems to have had a good financial year so far and festive trading period, despite the “backdrop of further forced temporary store closures" in many global territories.


Photo: Sandra Halliday



The company, best known for its eponymous chain and also its US Finish Line business, said demand “has remained robust throughout the second half, including in the key months of November and December”. 

Its total revenues for the 22 weeks to January 2 (excluding acquisitions)  were more than 5% ahead of the prior year “as consumers readily switched between physical and digital channels”.

And it all means the company now expects pre-tax profit for the year to January 30 “will be significantly ahead of the current market expectations, which average approximately £295 million”. Its new forecast figure? £400 million.

In a world in which simply staying in profit is seen to be an achievement, beating already-high expectations is a real testament to the underlying strength both of the company and the product categories it sells.

That said, the first quarter of the next financial year from February is likely to be heavily affected by the pandemic. 

“Whilst we are confident that we have the proposition to continue to attract consumers throughout this period, the process to scale down activity in stores and scale up the digital channels, often at extremely short notice, presents significant challenges,” the group said. 

It believes most of its UK stores will be shut until at least Easter (early April) and closures in other countries "are possible at any time". But it still thinks its FY21/22 pre-tax profit should be 5% to 10% ahead of the current year's figure.

Copyright © 2024 FashionNetwork.com All rights reserved.